Innovative start-ups
New start-ups have always found a place in the government’s policies and plans as the new ideas of setting up new industries not only help the economy to grow but also ease out the unemployment issues faced by the societies.
However, over the past few years not only new start-up ideas have been in demand but these ideas also need to be innovative in nature so that maximum utilisation of investments done is ensured.
In today’s world innovative startups are revolutionizing employment in several ways. They are creating new avenues of growth as startups in emerging industries like AI, blockchain, and renewable energy are creating new job opportunities that didn’t exist before.
These innovative start-ups are driving digital transformation across industries, creating demand for professionals with expertise in digital marketing, e-commerce, and software development.
New and innovative star-ups have revolutionised the concept of jobs by providing and acceptance to remote work, allowing employees to work from anywhere and providing flexibility and autonomy.
Besides, it is creating opportunities for freelancers and gig workers, enabling them to work on projects and assignments that fit their skills and interests.
Innovative star-ups which have high success rates are inspiring others to become entrepreneurs, creating a ripple effect of innovation and job creation.
In Jammu and Kashmir innovative start-ups can help to come over the shortfall in job creation and an initiative in this regard setup by the Jammu & Kashmir Entrepreneurship Development Institute (JKEDI), in collaboration with leading corporate and ecosystem partners to launch the ‘Startup Idea Challenge’, will catalyse the entrepreneurial landscape of the Union Territory.
The initiative has been designed to foster innovation among youth and generate a pipeline of promising business ideas aligned with the J&K Startup Policy 2024–27. The multi-phase event is set to see participation from students, innovators and aspiring entrepreneurs from across all districts of J&K, with a total of 46 boot camps and workshops planned for the colleges, universities and other educational institutions.
The event will focus on sectors critical to the region’s socio-economic development, including agriculture, handicrafts, information technology, renewable energy, tourism and others.
The ‘Startup Idea Challenge’ will not only act as a launch pad for disruptive and scalable ventures but also foster linkages with the government departments, industries, investors and mentors, transforming Jammu & Kashmir into a vibrant and inclusive startup hub.
